First Trust Low Duration Opportunities ETF $LMBS Shares Acquired by Secure Asset Management LLC

Secure Asset Management LLC increased its position in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 23.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 240,724 shares of the company’s stock after acquiring an additional 45,942 shares during the quarter. First Trust Low Duration Opportunities ETF comprises approximately 2.0% of Secure Asset Management LLC’s portfolio, making the stock its 9th biggest holding. Secure Asset Management LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $12,002,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC grew its position in First Trust Low Duration Opportunities ETF by 6.1% in the second quarter. Ashton Thomas Private Wealth LLC now owns 128,132 shares of the company’s stock worth $6,312,000 after acquiring an additional 7,333 shares during the period. Signal Advisors Wealth LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 23.4% during the 2nd quarter. Signal Advisors Wealth LLC now owns 5,657 shares of the company’s stock worth $279,000 after purchasing an additional 1,073 shares during the last quarter. Parallel Advisors LLC boosted its stake in First Trust Low Duration Opportunities ETF by 15.9% during the second quarter. Parallel Advisors LLC now owns 4,323 shares of the company’s stock worth $213,000 after buying an additional 593 shares during the period. Anfield Capital Management LLC increased its position in shares of First Trust Low Duration Opportunities ETF by 2.4% during the second quarter. Anfield Capital Management LLC now owns 81,655 shares of the company’s stock valued at $4,022,000 after acquiring an additional 1,879 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its stake in shares of First Trust Low Duration Opportunities ETF by 5.9% in the 2nd quarter. Avantax Advisory Services Inc. now owns 321,449 shares of the company’s stock valued at $15,835,000 after acquiring an additional 18,003 shares during the period.

First Trust Low Duration Opportunities ETF Stock Performance

Shares of LMBS stock opened at $49.99 on Friday. The firm’s 50 day moving average price is $50.00 and its 200-day moving average price is $49.63. First Trust Low Duration Opportunities ETF has a one year low of $48.32 and a one year high of $50.25.

First Trust Low Duration Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be given a dividend of $0.17 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Friday, December 12th.

First Trust Low Duration Opportunities ETF Company Profile

The First Trust Low Duration Opportunities ETF (LMBS) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is an actively managed fund that invests in a variety of mortgage-backed securities with target duration of less than 3 years. LMBS was launched on Nov 4, 2014 and is managed by First Trust.